16.08.2021 EURUSD The euro/US dollar currency pair has worked its way up to 1.1755. The market managed to break it up and continue the correction link to the level of 1.1800. Today, a range of consolidation is forming around it. We expect to leave it down, to the level of 1.1755. After that, growth by 1.1780 is possible. By these levels, consider the probability of developing a consolidation range. With leaving it down, the potential for a decrease to the level of 1.1700 will open. With the way up, another growth link in the correction to 1.1827 is not excluded. After it is completed We expect the start of a new wave of decline to the level of 1.1700. GBPUSD The pound-to-US dollar currency pair gained support at 1.3790 and performed a growth link to 1.3870. Today, the market is trading under pressure to decline. We expect development of level 1.3833. Then consider the probability of developing another structure into growth by 1.3890. Then a new wave of decline to the level of 1.3780 is possible. USDRUB US dollar/Russian ruble currency pair continues development of consolidation range around level 73.33. Today we expect a decrease to its lower limit and a breakdown of 73.10. The next goal of the decrease is at the level of 72.72. USDJPY The US dollar to Japanese yen currency pair has worked a wave of decline to 109.45. Today, the market is forming a range of consolidation around it. We expect to leave it down and continue the trend to the level of 108.11. If you go up, the correction link is not excluded by 110.00 (test from below). Next is the continuation of the trend to the level of 108.11. The goal is the first. USDCHF The currency pair of the US dollar to the Swiss franc has worked out a correction to the level of 0.9150. Today we expect the start of the next growth link by 0.9191. Then – decrease to 0.9170. By these levels, consider the probability of developing a consolidation range. With its rise, it is possible to continue the trend to the level of 0.9250. With going down, another downlink with an update of 1.9145 is not excluded. Further – growth to the level of 0.9250. AUDUSD Australian dollar to US dollar currency pair today traded under pressure down to 0.7324. It is not excluded by its breakdown with the continuation of the trend to 0.7272. The target is local. BRENT Oil produced a correction wave to 69.69. Today we expect the formation of a consolidation range around it. With it coming up, consider the beginning of the development of a new wave of growth to the level of 71.00. If you go down, the potential for lowering to 68.10 will open. GOLD Gold worked a wave of growth to the level of 1781.48. Today, the market is trading in the structure of the decline by 1750.30. Next, consider the probability of growth to 1767.00. At these levels, we expect the formation of a consolidation range. With it coming up, consider the probability of growth by 1830.00. With going down, a decrease to 1717.00 is not excluded. S markets are the private opinion of their authors. The current analysis is not a guide to trade. RoboForex is not responsible for the results of the work that may arise when using the trading recommendations from the submitted reviews.
19 Aug